XML 70 R33.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease, Cost [Table Text Block]

The following table represents the classification of the Company's right of use and lease liabilities:

		Statement of Financial Condition Location		December 31, 2019
Operating Lease Right of Use Asset:
Gross carrying amount				$	6,694
Accumulated amortization				(848		)
Net book value		Other assets		$	5,846
Operating Lease Liabilities:
Right of use lease obligations		Other liabilities		$	5,846

At December 31, 2019, the weighted-average remaining lease term for the operating leases was 9.0 years and the weighted-average discount rate used in the measurement of operating lease liabilities was 3.16%. The Company utilized the FHLB fixed rate advance rate as of January 1, 2019 for the term most closely aligning with the remaining lease term.

		For the year ended December 31, 2019
Lease cost:
Operating lease cost		$	848
Short-term lease cost		112
Sublease income		(51		)
Total lease cost		$	909
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	901

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Future minimum payments under non-cancellable operating leases with terms longer than 12 months, are disclosed below at December 31, 2019. Future minimum payments on shorter term lease are excluded as the amounts are insignificant.

Twelve months ended December 31,
2020		$	906
2021		925
2022		965
2023		950
2024		500
Thereafter		2,724
Total future minimum operating lease payments		6,970
Amounts representing interest		(1,124		)
Present value of net future minimum operating lease payments		$	5,846

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration